Policy Fallacy 006: China Dream

In this episode, Joe is joined by China vice-expert Tobias Results for an all China extravaganza. Listen to learn how property taxes are driving up the divorce rate and how opening up your economy can make for a choppy waterbed.

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Links of the week

Article on people getting divorced over property taxes (Reuters)

How American problems can become Chinese problems (NYT)

Better than a waterbed? Lessons for macroeconomic policy

The implications of China holding treasuries (CRS)

Dream of the Red Chamber